EUR/USD – Uptrend Strengthens as USD WeakensMacro backdrop is favoring the euro:
Weaker U.S. labor market (only 73,000 new jobs) is boosting expectations of a Fed rate cut in September.
Political pressure on the Fed raises concerns about its independence → USD loses credibility.
EU–US trade deal eases tensions and supports confidence in the euro.
Technical Outlook
On the H4 chart, price has broken the downtrend line from July , forming a classic higher low structure – a hallmark of an uptrend.
Price is moving within a short-term ascending channel , targeting the 1.1780 resistance zone.
RSI has broken above 70, indicating strong buying momentum but also signaling a potential short-term pullback.
Suggested Trading Strategy
Prefer to Buy on dips toward the 1.1570–1.1600 support zone.
Near-term target: 1.1780
Stop loss: Below 1.1520
Longsetup
XAUUSD – Gold stays hot, bullish trend still intactGold continues to be in the spotlight as a combination of macroeconomic factors and technical structure supports further upside momentum.
Market Overview:
- Analysts have revised gold price forecasts upward to the $3,500–$3,600/oz range, driven by a weaker USD and concerns over slowing US growth.
- Labour market data from the US is showing weakness, with rising jobless claims – increasing expectations that the Fed may cut rates in September.
- Geopolitical tensions and global trade uncertainties are boosting gold's appeal as a safe haven asset.
- Strong investor interest: Trading volumes in gold futures have risen significantly, indicating heavy participation from big money.
Technical Analysis:
- Price is clearly moving within an ascending channel, reflecting a stable medium-term uptrend.
- Gold is currently testing the short-term resistance around $3,408 , with potential for a minor correction toward support near $3,350 , which aligns with the lower boundary of the channel.
- As long as price remains inside the ascending channel, the bullish bias remains valid.
Trading Strategy
Look for long entries near the $3,350 support zone on a pullback.
Short-term target: $3,408 – Mid-term target: $3,500+
Stop-loss: Below $3,320
In summary , gold is receiving strong support from both fundamentals and technicals. Buying the dips remains the preferred strategy in the current setup.
BTCUSDT – Institutional Money Returns, Signs of a Strong ReboundBitcoin is showing positive recovery signals as major capital flows are re-entering the market. Notably, Syz Capital has successfully raised $200 million to invest in BTC – a strong indicator of growing long-term confidence from institutional investors.
On the H8 chart, BTC remains in a downtrend channel but is forming an accumulation pattern around the 111,000 USDT support area. Previous FVG zones have been filled, suggesting buying pressure is absorbing supply well. Volume is also slightly increasing at the lows – indicating selling pressure is weakening.
If BTC holds above 111,000, a move toward 117,500 is likely, with potential to reach 120,000 if it breaks above the descending channel. This would confirm a clearer medium-term uptrend.
EURUSD – Bottoming out, poised for breakoutAfter a sharp decline since late July, EURUSD is consolidating around the key support zone of 1.1520–1.1580. On the H4 chart, price remains within a descending channel but is beginning to form a compression pattern — often a precursor to a strong breakout. Bullish momentum is building as price rebounds from the 1.1480 low and holds a modest upward bias.
On the macro front, the USD is weakening as markets increasingly expect the Fed to cut interest rates in September, especially after a string of weak labor data. In contrast, the EUR is supported by stable inflation and the ECB’s persistent hawkish stance. If the current support zone holds, EURUSD could break out of the descending channel and target the resistance levels at 1.1680 and 1.1770.
Gold Explodes: Will the Uptrend Continue?News Background:
Recent weak U.S. job data has fueled expectations that the Fed will cut interest rates in September, weakening the USD and bond yields, making gold more attractive. Additionally, trade tensions between the U.S. and India have increased uncertainty, driving capital flows into gold.
Technical Chart:
Resistance: 3,450 USD is a key resistance level. If broken, the price could continue to rise towards 3,500 USD.
Support: 3,360 USD is the nearest support level. A drop below this could lead to a pullback to 3,320 USD.
RSI: Currently at 64.11, close to overbought territory, but not yet too high, suggesting the uptrend could still continue.
Outlook:
Bullish scenario: If 3,450 USD is broken, the price could reach 3,500 USD.
Bearish scenario: If 3,360 USD cannot hold, a pullback to 3,320 USD is possible.
Asian Paints | Cup & Handle Breakout Building Momentum
Description:
Asian Paints is forming a classic cup and handle on the daily chart, supported by a rounded bottom structure on the weekly. Price is attempting to breakout above ₹2500, with positive EFI and upward momentum.
📌 Breakout Level: ₹2500
📉 Stoploss: ₹2449 (ATR-based)
🎯 Targets: ₹2749 → ₹2886 → ₹3108 (Fibonacci extension)
🧭 Macro Context:
- Stable inflation and INR
- Improving margin outlook for the sector
- Paint stocks showing strength post consolidation
Strong price-action setup supported by fundamentals and structure.
JSWENERGY | Symmetrical Triangle Breakout in Progress?Description:
JSW Energy is forming a symmetrical triangle on the daily chart after a downtrend — resembling a potential bearish pennant, but price structure, sloping EMAs, rising momentum, and positive EFI hint at bullish strength.
📌 Breakout Level: ₹534
📉 Stoploss: ₹519 (ATR-based)
🎯 Targets: ₹563 → ₹597 → ₹694 (as per Fib projections)
🧭 Macro Context:
- Infra & Energy sectors improving
- Govt push for renewables
- Dollar weakening, risk-on tone aiding sentiment
Structure, volume, and macro are aligned — tracking this breakout closely.
UltraTech Cement | Pullback Opportunity after Breakout?Description:
- After breaking out of a consolidation zone, UltraTech Cement is showing a controlled throwback towards prior resistance, now acting as support.
- Weekly structure remains intact with sloping EMAs and positive momentum.
- Daily & Hourly charts show minor weakness but no structural breakdown.
- EFI suggests lower TF selling pressure, while weekly remains stable.
📌 Entry Zone: ₹12,037
📉 Stoploss: ₹11,850 (ATR-based)
🎯 Targets: ₹12,937 → ₹13,139 → ₹13,427
Cement sector is gaining strength in the broader infra rally — watching for confirmation on bounce from support.
#Dabur ending correction soon?Dabur can be a good pick if you are looking for some medium-term investment in sometime, as the ongoing correction looks to be in the last stage of it impulse.
We may then possible see it soaring higher.
P.S. Always trade on price confirmation.
**This is an educational market outlook, not investment advice. Please consult a SEBI-registered advisor before taking any investment decisions.**
Is gold back on track?Gold is making a strong recovery from the 3,365 USD support zone and is now hovering around 3,380 USD. After a brief correction, the price has bounced back and is heading toward the key resistance area at 3,396 USD. A breakout above this level would likely open the door for a further move toward the 3,428 USD target.
The bullish sentiment is supported by weaker-than-expected U.S. employment data, which has raised expectations that the Federal Reserve (Fed) may cut interest rates sooner. This is boosting demand for gold as a safe-haven asset.
The short-term trend now leans bullish, as long as the price holds above the 3,365 support. A confirmed breakout above 3,396 could be the signal for the next leg higher.
EURUSD – bearish trend remains dominantEURUSD is trading within a clearly defined descending channel. After a slight rebound from the 1.14800 support zone, the price is now retesting the resistance area around 1.16000 – a zone filled with multiple previous Fair Value Gaps (FVGs). If the price fails to break above this level, the bearish trend is likely to continue with a potential move down toward 1.14000.
Latest news:
Weaker-than-expected US job data initially pressured the USD, but growing expectations that the Fed will maintain its tightening stance are helping the dollar recover – putting downward pressure on the euro.
Summary:
If EURUSD fails to break above 1.16000, a continuation of the downtrend toward 1.14000 is likely in the coming days.
BTCUSDT – Bullish trend remains intactBitcoin is still trading within a long-term ascending channel. After a mild pullback to the FVG zone around 112,100 USDT, the price rebounded and is now consolidating above the ascending trendline support. If this level holds, BTC is likely to continue toward the upper channel target at 122,500 USDT.
Recent news supporting the uptrend:
Fidelity and BlackRock have continued accumulating Bitcoin-related ETF shares.
Weak US jobs data has fueled expectations of a Fed rate cut, drawing capital back into crypto.
Ethereum's upcoming hard fork upgrade is boosting overall market sentiment.
With both technical structure and fundamentals aligned, BTC remains bullish as long as it stays above 112,100.
EURUSD remains in a downtrendEUR/USD continues to move within a descending channel, with the 1.1600 area acting as strong resistance. Recent price action suggests the current rebound may be just a retest before the downtrend resumes. The next bearish target is around the 1.1390 support zone.
On the news front, although a strong U.S. PMI puts slight pressure on EUR, the USD faces mixed forces:
Weak NFP data increases expectations of a Fed rate cut.
The new US–EU trade deal imposing a 15% tariff has sharply weakened the euro.
Eurozone PMI improved but remains below 50, indicating a still-fragile recovery.
XAUUSD awaits breakout at confluence zoneGold is consolidating around 3,361 USD after a strong rebound from the key support zone at 3,284 USD — previously a major swing low in the existing bullish structure. Recent price action on the H4 timeframe is forming a potential Cup and Handle pattern, indicating that buying pressure remains present after each retracement.
The 3,351 USD resistance area now acts as a confluence zone, where the descending trendline from July intersects with a key horizontal level. Price behavior at this zone will likely determine the next directional move. A successful breakout would confirm the bullish continuation structure, with room to revisit the previous highs.
Current technical signals suggest that buyers are gradually regaining control, as higher lows emerge and upward momentum builds from the major support area.
maintain uptrend, buy gold 3350Plan XAU day: 04 August 2025
Related Information:!!!
Gold prices (XAU/USD) retain a subdued tone during the first half of the European session on Monday, although the absence of sustained selling pressure keeps the metal within reach of the one-week high recorded earlier in the day. The US Dollar (USD) begins the new week with a modest recovery, partially retracing Friday’s decline triggered by softer-than-expected US employment data, supported in part by a rebound in US Treasury yields. This recovery exerts downward pressure on demand for the precious metal.
Nevertheless, the USD's upside remains limited amid increasing expectations that the Federal Reserve (Fed) will resume interest rate cuts as early as September. This anticipation continues to provide support for the non-yielding yellow metal. In addition, a broadly cautious market mood—driven by persistent trade uncertainties and heightened geopolitical tensions—reinforces the appeal of Gold as a safe-haven asset and advises restraint among bearish market participants
personal opinion:!!!
Accumulated price zone around 3350 - 3364, buying power maintained. Gold buying point following the uptrend line today
Important price zone to consider : !!!
Support zone point: 3350 zone
Sustainable trading to beat the market
Reliance (RIL) Long Trade SetupReliance looks very promising on the daily chart. The stop loss is very close and the target is very far off. Though it has not given a buy signal yet, but I am still jumping on to it because once the buy signal is confirmed, everybody will jump in, the algos will jump in and the buy price then would not be as good as now. Use your discretion if following this.
XAUUSD – Gold accelerates: Is the 3,600 target within reach?Gold has made an impressive rally of nearly 720 pips, surging from the recent bottom near 3,260 up to 3,365, following a deeply disappointing U.S. jobs report. Non-Farm Payrolls came in at just 106K, far below expectations, while the unemployment rate climbed to 4.2% — a clear sign that the U.S. economy is slowing down. In this context, the expectation that the Fed will pause rate hikes has become more solid, paving the way for gold to break higher.
Technical analysis on the D1 timeframe shows that XAUUSD remains in a well-established ascending channel that has persisted since late 2024. The recent bounce from the 3,260 support zone was strong, with yesterday's bullish candle confirming that buyers are regaining control.
As long as price holds above the 3,260 support area, the next target lies at the psychological resistance around 3,500, and beyond that — the ambitious 3,600 mark.
Kfintech - Positional Long SetupIn the last month of July, the stock price fell from 1380 to 1100. Presently seems on a support area. As you may see on the chart. This setup is based on a reversal possibility from the support range around 1080.
Stochastic RSI shows a reversal sign.
Possible targets may be 1165/1230 and 1305.
If it sustains below 1070-1050 levels, the setup will go weak. Below 1070, the exit plan should be considered.
One has to keep the position size according to the risk management.
All these illustrations are my personal view, only for learning and observation purposes; this is not buying or selling advice.
All the best.
BTCUSDT – Bitcoin consolidates amid silent institutional buying Bitcoin is fluctuating between 114K and 116K USDT within a long-term ascending channel, supported by a wave of positive news. Weaker-than-expected U.S. labor data has fueled hopes that the Fed may pause its rate hikes — boosting sentiment for risk assets like BTC.
At the same time, major regulatory developments such as the SEC’s “Project Crypto” and the GENIUS Act by the CFTC are laying the groundwork for legalizing the crypto market. Notably, over 30,000 BTC were accumulated by MicroStrategy and institutional funds within just 48 hours — signaling strong capital inflows.
On the daily chart, BTC is forming an inverse cup-and-handle pattern, with 107,280 acting as key support. If the price holds and breaks above 120,872 USDT, a rally toward 130K may follow. However, if inflows weaken, a short-term pullback toward 112K could occur before the next upward move.
EURUSD – Euro tumbles under strong dollar pressureAfter a brief uptick following the US–EU trade agreement, EUR/USD quickly sank under a wave of strong US economic data. While import tariffs on EU goods were reduced to 15%, the US dollar gained more as capital kept flowing into the US thanks to a Q2 GDP growth above 3%, steady PCE, and a strong ADP report.
On the H4 chart, the bearish structure is clear: EUR/USD broke below key support and formed a series of unfilled FVGs, signaling sellers are still in control. The current pullback towards the 1.14300 resistance zone could act as a bull trap, with the next target eyed near 1.12300 — a likely liquidity zone.
If this area breaks, the 1.1200 mark may be triggered next. Meanwhile, USD strength shows no signs of fading — especially as the Fed maintains a cautious stance with no easing in sight. The euro is no longer seen as a safe haven, and investors are gradually pulling out.
XAUUSD – Gold jumps as weak US job data boosts bullish sentimentGold prices reacted positively after the US Non-Farm Payrolls came in at only 106K and the unemployment rate rose to 4.2%, signaling a cooling labor market. This weak data has lowered expectations of further rate hikes from the Fed, offering strong support for gold.
On the H4 chart, XAUUSD has formed a bottom around the 3,247 area and is now rebounding within a descending channel. A slight trendline break and a W-pattern near the bottom further reinforce the potential for a continued upward move.
Technical view:
XAUUSD is approaching a key resistance zone around 3,313 – a crucial level that could trigger a breakout. If gold breaks above it with strong buying pressure, it may head toward the upper boundary of the channel.
The RSI is recovering from oversold levels, while EMA34 and EMA89 are starting to converge – suggesting a possible trend reversal ahead.
BSE Long Trade SetupBSE is looking good for a short term long trade. Got hold of this while I was looking through stocks thrown up by my scanner. The Stop Loss levels are indicated in the video. If you find it breaching the higher levels as indicated in the video, a long position can be taken and then trailed. Happy Trading.